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20121205
20121213
Search Results 0 to 13 of about 14 (some duplicates have been removed)
: thank you, sandra smith. connell: we are waiting to hear from the speaker of the house, john boehner. dagen: stay right here on fox business and you will hear the speaker speak coming right up. ♪ dennis: i am dennis kneale. cheryl: i am cheryl casone. breaking news at the top of the hour. we are moments away from tree to be event, up 109 points. john boehner taking fiscal cliff talks and that is raising hopes among traders. cheryl: we are going to take a look at what is beyond the fiscal cliff even of washington save the country from going over that cliff we have a stock panel that has lots of worries and a bit of hope that. dennis: which makes some buzz codes when the dow is up 111. michigan's capital and besieged as protests over the right to work legislation has taken an ugly turn. we are live. cheryl: never know what is going to happen with jeff flock covering that story. we're coming up on the top of the hour. stocks every 15 minutes and nicole petallides on the floor of the stock exchange with a nice triple digit gain. nicole: what a gain on wall street. we have three straigh
speed as we now have just 20 days left. however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i think it's probably a pretty good sign. if you look at this morning's papers, you see a number of articles suggesting that there's a bit more compromise in the air. my concern is that tomorrow's papers ma
boehner did not go well. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's long-range rocket launch that's managed to put a satellite in earth's orbit. here's why it is important to all of us. even though north korea is one of the poorest countries and many people are starving there, the korean peninsula is the most tense, most dangerous places on earth. there are roughly one million north korean troops on it is side of the militarize zone separating from south korea. as well as nearly 30,000 u.s. forces. not only are they within strikes distance of the launch site, a long-range rocket shows north korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are pretty surprised and alarmed by the successful launch over at the pentagon? >> look, wolf, because of everything you just me
. here's the latest. house speaker john boehner and his aides were quietly conducting behind the scenes fiscal cliff talks with the white house. on capitol hill for one day at least, all was pretty quiet. posturing and finger pointing kind of stopped. cnn political reporter shannon travis joins us now live from washington. what's the the latest on the talks or the silence? >> the silence seems to be golden, john. remember last week when all the players involved seem to be posturing and positioning and talking about negotiations? not so much, at least in the past few days. we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are
boehner getting enough republicans. i think nancy pelosi has proven she can pass things. she's proven to be a good soldier. boehner has a harder time coraling the tea party. he's taken steps to show who is boss. he punished four members withdrawaling their favorite assignments. he's got the leadership lined up with him. he looked like a very weak speaker ten days ago. he's looking stronger now. i think republicans understand that the deal they get after the first of the year is a worst deal than they get before the end of the year because the next congress is more favorable to democrats. i think he's in a better position to make the sale this time. >> one thing we have been watching is the two-step process. tom cole of oklahoma has taken a lot of heat from his own party suggesting to get the tax cuts out of the way for the tax cuts. here is what he's having to say about that. >> none of us want to raise the rates on anybody. but the reality is the rates on everybody go up at the end of the month. since we agree with the democrats, 98% of the american people and 80% of the bush tax cut
to speaker boehner yesterday he is reading reports that the president is trying to slow walk this thing. listen to the speaker. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> there are a lot of things that are possible to put the rev that the president seeks on the table, but nope of it is going to be possible. the president insists on his position. insists on my way or the highway. that's not the way to get to an agreement that i think is important for the american people and very important for our economy. >> there you go. so that's what speaker boehner's office is saying. they had a phone call on thursday. but people wondering if they are not even talking at all anymore. >> he said this is no way to an agreement there should be compromise. if you are elected official you should represent all of the united states and you should compromise and hear both sides. >> i think you should go off the fiscal cliff. americans are barreling down the road that's debt. there is a fork in the road. on the left are
cliffhanger on capitol hill as the president and house speaker boehner say they're keeping open the lines of communication one day after meeting to discuss the ongoing negotiations aimed at stopping the combination of automatic tax increases and spending cuts set to kick in less than four weeks from now. chief congressional correspondent mike emanuel live on capitol hill for us. three weeks from the end of the year, mike. any signs of progress? >> reporter: jon, it is hard to tell we know the president and the speaker of the house met privately yesterday and as we mentioned both sides say the lines of communication are open but they are not giving out any details of what was discussed or any readout of the meeting. that may be a good sign. the previous meeting was on camera. this one face-to-face privately at the white house and so perhaps they had a chance to roll up their sleeves and get into some of the tough details in terms of finding a deal on the fiscal cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the long-term indebtedness
/european time. >>> u.s. budget talks have intensified. president obama and house speaker john boehner spoke by phone tuesday after exchanging new proposals. aides confirm the president gave boehner a revised offer on monday, reducing demand for new tax revenue from $1.6 trillion to $1.4 trillion over the next decade. boehner responded with a plan that largely sticks by his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal which it hasn't put on the table before. in an interview with abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill who recognize the economy will be better off. american families will be better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. i'm confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high income individuals. >> you see president obama's full interview wit
speaker boehner and their aides hold private talks americans wait to see if their tax rate will go up january 1st. for some without a job they risk losing unemployment. kyung lah talks with a woman who has been out of work a year while trying to raise two children. >> reporter: liz calls it a financial freefall. >> i wish i wasn't in this situation but it is what it is, and i could just do what i can. >> reporter: de bats lost her job as a new home sales manager last january. on an old laptop with a broken cord she keeps track, averaging 15 applications a day, at age 54, this is the first time she's ever been on unemployment. she's emptied out her 401(k), her savings and now the last resort, the emergency federal jobless program has department de bats in her town home giving her $450 a week. on december 29th unless the congress acts, the money stops. >> we're not living off the system. it's not a luxury to be on unemployment. it's a means to keep us going. >> reporter: the fear of the fiscal cliff isn't just here in this suburban neighborhood. in the states with the highest unemployme
out a deal before automatic spending cuts and kick in. house speaker boehner has made it clear republicans are staying in washington before and after christmas to solve the crisis as the president pushes his plan with bipartisan group of mayors and community leaders. chief congressional correspondent mike emanuel live on capitol hill. we had slight movement on the fiscal cliff negotiations, mike, but it doesn't really sound like they're close to a deal, huh? >> reporter: that's right, jon. president obama reduced his new revenue demand from $1.6 trillion over 10 years to $1.4 trillion over 10 years. house speaker john boehner says he is the most optimistic guy in washington but serious differences remain and the republicans may not feel like they have a whole lot of leverage in the negotiations with a democrat in the white house and democrat controlling the senate but they are threatening when it comes to the calendar. take a listen. >> the president seems to be walking you ever so slowly towards the cliff. we've said we're committed to staying here. we're going to stay here ri
. it is interesting according to usa today apparently both sides are talk not releasing detailings. mr. boehner wants to know what spending cuts the president is talking about . the president wants to know what kind much tax hike the republicans go on. >> gretchen: it feels like dejavu. ground hog dog. last year it the debt ceiling orificical cliff. it was the debt ceiling. >> steve: first fiscal cliff of our lifetime. >> gretchen: it feels like it has been here a longg time and they were talking about the importance of the day to get the bill actually through. i feel like they can jump through hoops and get past that, too. >> eric: had it has to originate in the house and sent over marked up to the senate and point being there is a lot of hoop to jump through. you know. rudy guiliani is on hannity last night. he was approached with the same sort of problem in new york city . listen to how he handled it >> i was given a report that said you have to raise taxes and said nothing about reducing spending. i was not an economic expert. i became one after becoming mayor in new york. i said it makes no sens
john boehner. he is offering $800 billion in increased revenue. he also wants much deeper cuts in entitlements and $800 billion in other cuts many spending. we've got reporters -- i want to start off with you. dana bash on the hill. a standoff here, republicans essentially saying, look, the president is not being reasonable here, and then you have the white house saying this is magic beans and fairy dust. is this a lot of posturing here? are we really at an impasse? >> yes to both of those questions. there is a lot of post urg, but we do seem to be at an impasse. i want to show our viewers some video that will illustrate just what we're talking about. that is pictures of members of the house of representatives leaving for the week, and now, i don't want tower viewers to get concerned. the calendars on the desk tops are not wrong. it is still wednesday. this did happen at noon on wednesday. it would be nice if all of us could do that, but -- >> yeah, really. >> this is not an accident. republican leaders say that they just simply have nothing to vote on right now on the floor of
Search Results 0 to 13 of about 14 (some duplicates have been removed)